Anant Raj share price today

Anant Raj Ltd's share price was ₹460.40 at the close on 4 November 2026. It has been rising for 15 weeks. That is 17.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹437 and ₹630, and at that close it sat 12% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Anant Raj Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running.

Over the last 11 years the share price moved +2,441% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and indian funds and insurers (DIIs) cut their stake for 7 quarters in a row.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹662 crore, +4.9% on a year earlier.

2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter profit was ₹156 crore, +13% on a year earlier.

3. Indian funds and insurers (DIIs) cut their stake for 7 quarters in a row

   From 6.7% to 4.6% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), Anant Raj reported revenue of ₹662 crore, up 4.9% from ₹631 crore a year earlier, and a profit of ₹156 crore, up 13.0% from ₹138 crore.

Anant Raj results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 12 November 2025, about July to September 2025; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Anant Raj closed at ₹460.40 on 4 November 2026, down 25.7% from ₹619.85 a year earlier (7 November 2025) and up 586.7% over five years. Its highest weekly close since March 2016 was ₹899.50 on 17 January 2025.

Anant Raj share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Anant Raj closed at ₹460.40, up 2.9% on the week and down 20.3% on the month. Results for July to September 2026: Revenue up 4.9% and profit up 13.0% on a year earlier.

Earlier

• 31 Jul 2026: ex-date for a dividend of ₹1 a share.
• 12 Nov 2025: Anant Raj held its results call for July to September 2025.

Anant Raj paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.22% at the ₹460.40 close on 4 November 2026. The last was a dividend of ₹1 a share, ex-date 31 July 2026.

Anant Raj dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Not in its latest year. Anant Raj Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 12 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2025, held on 12 November 2025, Anant Raj's management spoke about the quarter; the main points are below.

“We are a sovereign cloud of the country, and today sovereign cloud has a very strong demand for itself, and this demand is only growing. We have enough demand right now. There is no problem with us with the demand. The bottleneck till we completed the QIP was the fund. Fortunately, we have that now”Amit Sareen, Managing Director, on the call for July to September 2025

Source: the call transcript.

From the call for July to September 2025, 12 November 2025. The July to September 2026 results are out since, so this part may be out of date until we update it.

Anant Raj is on 3 of our India lists: Small & mid cap stocks, AI & data centre stocks and Real estate, REIT & cement.

Anant Raj Ltd earned ₹156 Cr of net profit in the Sep 2026 quarter, +13.0% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹559 Cr. Over 10 years profit has grown 23.1% a year on average. That is 23.6% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹138 Cr.

For the full year, FY26 profit was ₹559 Cr (+31.2% on the year before).

Why profit moved: revenue changed +4.9% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +21.8% and revenue +12.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Anant Raj Ltd reported ₹662 Cr of revenue in the Sep 2026 quarter, +4.9% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 19.3% a year on average. The last full year, FY26, came in at ₹2,512 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,582 Cr.

FY26 revenue was ₹2,512 Cr, +21.9% on the year before.

Recent pace: the last four quarters grew +12.8% on average, against 19.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.3%, against +19.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +21.3%, against +30.3% a year (rolling over).

Anant Raj Ltd's operating margin was 30.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 14.0% and 52.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.3 percentage points on the year while gross margin changed +5.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years Anant Raj Ltd's operations used more cash than they brought in, so cash conversion was −17%, a gap worth watching. In FY26 its operations used ₹435 Cr of cash, against ₹559 Cr of profit. After ₹478 Cr of spending on assets, free cash was −₹913 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −17% of profit came in as cash: the cash cycle got 38 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 6.2× depreciation over three years. The next section checks what that spending is building.

Anant Raj Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 26 days in FY26, down from 64 days in FY21. It spent ₹606 Cr on assets over the last 3 years. Customers take 26 days to pay, and stock sits for 220 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,512 Cr, each day of that cycle ties up about ₹6.9 Cr, so roughly ₹179 Cr is tied up in the business at any time.

FY26: customers took 26 days to pay and stock sat for 220 days, about 7.2 months of sales sitting as stock, for a full cycle of 26 days, shorter than FY21's 64.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 220 days. Customers pay about 26 days after that. Suppliers are paid at 9 days. Together that makes the 26-day cycle.

Spending on assets: ₹606 Cr over the last 3 years, against ₹97.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹39.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Anant Raj Ltd's P/E is 27.8×, in the middle of its own history: higher than 44% of past readings. Its usual P/E (the middle reading) is 32.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.